Cryptocurrency Regulation in Nepal: A 2024 Perspective
As of 2024, the landscape of cryptocurrency legislation in Nepal is marked by a stringent regulatory approach, reflecting the country’s cautious stance towards the rapidly evolving domain of digital currencies. In a region where the adoption of financial technology is varying in pace and approach, Nepal’s treatment of cryptocurrencies...
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The Legislative Landscape of Cryptocurrencies in Nepal Prior to 2023
As of January 2022, Nepal presented a unique scenario in the global cryptocurrency context. The country did not have any specific legislation directly regulating cryptocurrencies, leading to an ambiguous legal status for these digital assets. The Nepal Rastra Bank (NRB), Nepal’s central regulatory authority for monetary and financial affairs,...
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